Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
VG INDUSTRIAL WORK from Frameries, company number BE0863866459, closed financial year 2025 with a result of € 57,563 after tax. For that financial year VG INDUSTRIAL WORK recorded a gross margin of € 272,717 and equity of € -65,639. Compared with financial year 2024, the result moved from € -10,889 to € 57,563. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ -65,639
▲ € 57,563 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,563
▲ still € 10,889 loss in 2024
Profit after tax over the fiscal year.
€ 118,589
▲ 166% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -78,239.
People and assets in 2025
€ 198,672
▲ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 202,869
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,496
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 423,154 | € 174,093 | € 182,150 | € 272,717 | ▲ 50% |
| Profit after taxes | € -19,211 | € -40,005 | € -10,889 | € 57,563 | ▲ € 68,452 |
| Equity | € -72,308 | € -112,313 | € -123,202 | € -65,639 | ▲ € 57,563 |
| Total debts | € 278,347 | € 170,408 | € 201,137 | € 258,304 | ▲ 28% |
| Cash | € 116,906 | € 22,850 | € 44,649 | € 118,589 | ▲ 166% |
| Retained profit | € -84,908 | € -124,913 | € -135,802 | € -78,239 | ▲ € 57,563 |
| Balance sheet total | € 206,039 | € 58,095 | € 77,935 | € 192,665 | ▲ 147% |
| Employees (FTE) | 13 | - | - | - |
Key figures of VG INDUSTRIAL WORK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VG INDUSTRIAL WORK?
What happened at VG INDUSTRIAL WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
VG INDUSTRIAL WORK is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: profit of € 57,563. Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,211 loss in 2022 to € 57,563 profit in 2025.
Best year ever: 2025, with € 57,563 profit.
On average € 32,600 of value added per employee in 2022.
A new publication or filing at VG INDUSTRIAL WORK? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VG INDUSTRIAL WORK are G-MGT and LU7. The same people are also behind CQTECH.
Establishments
Establishment units
Physical locations of this company
Avenue des Amériques 11
7080 Frameries
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.866.459
- VAT number
- BE 0863.866.459
- Registered office
- Avenue des Amériques 11, 7080 Frameries
- Names & denominations
- VG INDUSTRIAL WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 5 March 2004
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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